New Development New Mexico Dollar General

387 W Blair Ave. Columbus, NM 88029

387 W Blair Ave., Columbus, NM, 88029
387 W Blair Ave., Columbus, NM, 88029 387 W Blair Ave., Columbus, NM, 88029 387 W Blair Ave., Columbus, NM, 88029 387 W Blair Ave., Columbus, NM, 88029
FOR SALE
Property Type:
Free Standing Building
Amount:
$1,435,035
Last Verified:
Mar 21, 2024

Highlights

  • New Development Dollar General Build With 13+ Years Remaining on Lease
  • Absolute NNN Requiring Zero Landlord Responsibilities
  • Larger “Plus” Size 10,640 SF Prototype Built to Accommodate Higher Projected Sales
  • Limited Local Retail Competition - Closest Dollar Store is Over 3 Miles Away
  • Dollar General is an Investment Grade Tenant With an S&P Credit Rating of BBB (the Same as Walgreens)

Description

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a new development Dollar General in Columbus, NM. Rent commenced in March of 2022.

Broker of Record - Brian Brockman - Bang Realty-New Mexico Inc. - NM#20241

TBD


Year Built: 2022
Building Size: 10640sq ft
Lot Size: 1.16 acres


Documents

Offering Memorandum

Map of 387 W Blair Ave., Columbus, NM, 88029

Presented by:
Trinity Real Estate Investment Services

Request additional information
Branson Blackburn


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.